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Nuix class action investigation targets Macquarie, PwC
Class Actions 2021-05-20 9:52 pm By Cat Fredenburgh

Commercial and class action firm Banton Group is investigating a shareholder class action against embattled technology company Nuix in relation to its pre-IPO disclosures which could also ensnare shareholder Macquarie and its executives, auditor PricewaterhouseCoopers and the joint lead managers on its float.

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Judge baulks at law firm’s $13.8M bill in settled Woolworths class action
Class Actions 2021-05-20 9:24 pm By Christine Caulfield

A judge has refused to sign off on $13.8 million in fees sought by law firm Maurice Blackburn as part of a $44.5 million settlement in a class action against Woolworths, saying the amount was “intuitively out of the range” of what was a reasonable legal bill for the case.

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Bordeaux estate behind $500 wine sues Tassie producer over ‘knockoffs’
Intellectual Property 2021-05-20 6:20 pm By Miklos Bolza

A nearly 100-year-old Bordeaux estate that makes the Vieux Château Certan wine, which retails for at least $500, has taken a Tasmanian winemaker to court for allegedly trying to hijack its name and making knockoff wines that copy its distinctive pink lid and neck of its bottles.

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Jump swim school hit with $23M penalty for ‘very serious’ consumer law breaches
Franchises 2021-05-20 4:47 pm By Miklos Bolza

The failed franchisor behind the Jump Swim Schools brand has been hit with a $23 million penalty for what a Federal Court judge found were “very serious” consumer law contraventions.

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Law firm investigating class action against Nuix over IPO
ASIC 2021-05-19 10:49 pm By Cat Fredenburgh

Phi Finney McDonald is investigating a class action against technology company Nuix over its $2.5 billion float, following troubling reports about the Macquarie-backed company’s pre-IPO corporate governance and financial reporting.

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Crown wants novel oppressive conduct claims struck from shareholder class action
Class Actions 2021-05-19 10:32 pm By Christine Caulfield

Crown Resorts will fight to strike out allegations in a class action that the casino operator was liable for “oppressive conduct” under the Corporations Act, saying there was no legal basis for making the claims and no articulation by the class as to how the company engaged in the conduct.

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Loss of Christian Porter’s silk in defamation case would be ‘a very big deal’, court hears
Legal Ethics 2021-05-19 9:13 pm By Cindy Cameronne

Christian Porter has won access to communications by the woman behind a challenge to his legal representation in a defamation case against the ABC, after telling a court it would be a “very big deal” if he lost his counsel.

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Third overtime class action to be launched by Victorian junior doctors
Class Actions 2021-05-19 5:14 pm By Christine Caulfield

Melbourne hospital operator Western Health is facing a potential class action by junior doctors alleging they have been denied overtime pay, the third underpayments class action to be filed by doctors in Victoria.

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‘Am I not safe?’: Westpac faces court action by longtime exec and whistleblower
Employment 2021-05-19 4:45 pm By Miklos Bolza

A former Westpac banking veteran and whistleblower has sued the Big Four bank, claiming she was dismissed in retaliation for complaints filed about the bank’s risk and compliance failings.

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ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court
Financial Services 2021-05-19 4:07 pm By Cindy Cameronne

Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.

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